Results

This report looks closely at global trends in light electric vehicles’ (LEVs) technology, manufacture and market drivers such as legislation and the fact that several Chinese cities are banning or severely restricting LEVs. In the last few years, nearly every nation has bought ebikes from China, and in some cases, the volumes are now significant. Sales will reach 130 million yearly before 2025, making it one of the world's largest industries. The report encompasses over 70 brands, and gives forecasts of sales numbers, unit prices and total market value for 2013-2023. A significant percentage of ebikes sold are scooters in that they have the driver's feet rest on a platform - they are not straddled by the driver. Today, the LEV industry is dominated by large bicycle companies, due to their access to distribution. In the future, these companies will face major competition, and may be pushed aside by car, motorcycle, and car parts companies.